Which of the Following Is Included in the Definition of OD

question 13

Multiple Choice

Which of the following is included in the definition of OD?

• A) OD applies to an entire system
• B) OD is based on behavioral science knowledge
• C) OD is concerned with planned change
• D) OD encompasses strategy, structure, and process changes
• E) all of the above.

---

Definitions:

Labour Efficiency Variance

A measure used in cost accounting to determine the difference between the actual hours worked and the standard hours planned for a task, multiplied by the standard labor rate.

Variable Overhead Efficiency Variance

A metric that measures the difference between the actual variable overhead cost incurred and the standard cost expected for the actual production level.

Variable Overhead Efficiency Variance

A measure in managerial accounting that evaluates the efficiency of variable overhead resource utilization by comparing the actual hours worked to the standard hours allowed for the actual production achieved.

Standard Costing

An accounting method that assigns predetermined costs to cost units, used to control costs and measure performance.